Suppose that all investors expect that interest rates for the 4 years will be as follows: 24 Year 0 Forward Interest Rate (today)3% 4% 5% 6% 1 Skipped 2 3 If you have just purchased a 4-year zero-coupon bond, what would be the expected rate of return on your investment in the first year if the implied forward rates stay the same? (Par value of the bond = $1,000.) Multiple Choice 9% 10% O O 5% 3% None of the options are correct